Gate.io's new feature - Push, allows peer-to-peer cryptocurrency transactions and trading. Through Push, users are able to trade directly with each other on their own terms, which makes cryptocurrency trading easy and convenient. Once a transfer is made, no further confirmation or verification is required. For safety reasons, users must make sure that the transfer quantity and total payment are filled in correctly before confirming the transfer.
How to conduct transactions through Push (on app)：
1.Open Gate.io app on your phone. Log in to your account. On the bottom navigation bar, you will see "Wallet". Go to "Wallet" and click on "Push".
2.Click on "Create Push". Enter the Peer UID (counterparty's UID) and Recipient (the recipient’s phone number or email). Choose which coin you want to transfer and its quantity in "Point Quantity". Choose the cryptocurrency you want to be paid under "Quote (Payment to receive) and fill in the quote. When all boxes are filled in correctly, click "Confirm and Transfer".
3.After the transfer is prepared, you will need to confirm the transaction information by entering your fund password, Google verification code and SMS code. Then click "Confirm and Transfer".
4.When the transfer is completed, you will be able to view all details of the transaction in "My Transfer". If you want to cancel a transaction, click "Cancel" in time and the funds will be frozen and returned to your account.
5.The recipient can view transaction details in "Transferred To Me", where the recipient can choose to accept or reject a transfer. If the recipient rejects a transfer, the funds will be returned to the sender's account.
Push handling fee: 0.2%
1.Double-check the recipient's UID and account information to avoid transferring funds to a wrong recipient.
2.Double-check transfer quantity and quote to avoid unintended loss.